OUTFRONT Media Inc. (NYSE:OUT) Shares Sold by Foster & Motley Inc.

Foster & Motley Inc. lessened its position in shares of OUTFRONT Media Inc. (NYSE:OUT) by 57.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,810 shares of the financial services provider’s stock after selling 14,739 shares during the period. Foster & Motley Inc.’s holdings in OUTFRONT Media were worth $151,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. FMR LLC boosted its holdings in shares of OUTFRONT Media by 50.8% in the 3rd quarter. FMR LLC now owns 6,300,057 shares of the financial services provider’s stock valued at $63,631,000 after buying an additional 2,122,950 shares in the last quarter. Invesco Ltd. boosted its holdings in shares of OUTFRONT Media by 39.5% in the 3rd quarter. Invesco Ltd. now owns 4,543,787 shares of the financial services provider’s stock valued at $45,892,000 after buying an additional 1,285,752 shares in the last quarter. Wellington Management Group LLP boosted its holdings in shares of OUTFRONT Media by 4.9% in the 3rd quarter. Wellington Management Group LLP now owns 2,857,027 shares of the financial services provider’s stock valued at $28,856,000 after buying an additional 134,360 shares in the last quarter. Lasalle Investment Management Securities LLC boosted its holdings in shares of OUTFRONT Media by 80.9% in the 3rd quarter. Lasalle Investment Management Securities LLC now owns 2,849,449 shares of the financial services provider’s stock valued at $28,779,000 after buying an additional 1,273,878 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of OUTFRONT Media by 5.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,775,649 shares of the financial services provider’s stock valued at $28,034,000 after buying an additional 136,494 shares in the last quarter.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on OUT shares. TheStreet upgraded shares of OUTFRONT Media from a “d+” rating to a “c-” rating in a report on Tuesday, March 5th. StockNews.com upgraded shares of OUTFRONT Media from a “sell” rating to a “hold” rating in a report on Friday, February 23rd. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $14.50.

OUTFRONT Media Stock Performance

Shares of NYSE:OUT opened at $15.34 on Friday. The firm has a fifty day moving average price of $15.45 and a 200 day moving average price of $13.43. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 4.39. OUTFRONT Media Inc. has a 1-year low of $8.18 and a 1-year high of $17.02.

OUTFRONT Media Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 1st were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 7.82%. The ex-dividend date was Thursday, February 29th. OUTFRONT Media’s dividend payout ratio is currently -44.94%.

OUTFRONT Media Company Profile

OUTFRONT leverages the power of technology, location, and creativity to connect brands with consumers outside of their homes through one of the largest and most diverse sets of billboard, transit, and mobile assets in North America. Through its technology platform, OUTFRONT will fundamentally change the ways advertisers engage audiences on-the-go.